The tissue paper production in Malaysia has shown significant volatility over the past decade. From 2013 to 2018, there was a substantial increase in production, reaching a peak in 2018 with 185.8 thousand metric tons. This was followed by a notable decline in 2019 and a modest recovery up to 2022. In 2023, production stood at 133.47 thousand metric tons, marking a 40.48% year-on-year increase from 2022. The Compound Annual Growth Rate (CAGR) over the latest five years (2018-2023) was -6.4%, indicating a downward trend overall.
Looking ahead, the forecast from 2024 to 2028 suggests a steady increase in tissue paper production with an expected 5-year CAGR of 3.22%, reaching 163.58 thousand metric tons by 2028. This represents a 17.17% growth over the forecast period, showing a more stable and optimistic outlook compared to the past decade's fluctuations.
Future trends to watch for include:
- The potential impact of economic conditions and consumer behavior on production volumes.
- Technological advancements in production processes that may increase efficiency.
- Environmental regulations and sustainability concerns affecting raw material sources and production methods.
- Global supply chain dynamics and their effect on export opportunities and competitive positioning.
